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5 tips for maximizing ROI of IT projects

CIO Business Intelligence

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). Providing a compelling ROI on technology initiatives also puts CIOs in a stronger position for securing support and funds from the business for future projects. Align projects with business goals.

ROI 132
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5 key metrics for IT success

CIO Business Intelligence

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” You have to have a good measure of which teams need to move fast and what they are really achieving.”

Metrics 140
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. Management consulting firm AArete has been using other gen AI to do just that for about a year. “We What if writing code wasn’t the real issue?”

IT 128
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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 125
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Why IT leaders are putting more business spin on security spend

CIO Business Intelligence

A new definition of value Aligning security with the business goes beyond traditional methods of justifying security spend, such as warning of consequences from hacks or trying to prove ROI. We also look at generic cloud security solutions that provide multiple sets of protections, versus addressing one particular use case,” he says.

IT 112
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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. Giving the most ROI? This quote might sound a little dramatic. Driving revenue?

IT 317
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The Benefits Of Doing A Data Maturity Assessment

Anmut

What does a Data Maturity Assessment Measure? The definition of a data maturity assessment is a measurement of the reliability, effectiveness, and efficiency of an organisation’s data management. What does a Data Maturity Assessment Measure? What are the Benefits of Doing a Data Maturity Assessment?